http://www.iaeme.com/IJARET/index.asp 108 editor@iaeme.com International Journal of Advanced Research in Engineering and Technology (IJARET) Volume 11, Issue 7, July 2020, pp. 108-125, Article ID: IJARET_11_07_013 Available online athttp://www.iaeme.com/IJARET/issues.asp?JType=IJARET&VType=11&IType=7 ISSN Print: 0976-6480 and ISSN Online: 0976-6499 DOI: 10.34218/IJARET.11.7.2020.013 © IAEME Publication Scopus Indexed EVALUATION OF THE EFFECTIVENESS OF DECENTRALIZED INTERNAL FINANCIAL CONTROL OF EXPENDITURES OF BUDGETARY ORGANIZATIONS Larysa Ivanchenkova Department of Accounting and Audit, Odessa National Academy of Food Technologies, Odessa, Ukraine Olesia Holynska Economic and Financial Policy Chair, Odessa Regional Institute for Public Administration, National Academy for Public Administration under the President of Ukraine, Odessa, Ukraine Vera Khomutenko Odessa Research Institute of Court Expertises Ministry of Justice of Ukraine, Odessa, Ukraine Dmytro Motyhin Odessa Research Expert-Forensic Center of the Ministry of Internal Affairs of Ukraine, Odessa, Ukraine Tetiana Pisochenko Accounting and Taxation Department, Mykolaiv National Agrarian University, Nikolaev, Ukraine ABSTRACT The article considers the main aspects of assessing the effectiveness of decentralized internal financial control of expenditures of budgetary organizations. The study was conducted on the basis of data from Ukraine. Internal control is a set of measures applied by the head to ensure compliance with the legality and efficiency of budget funds, achieving results in accordance with the established purpose, objectives, plans and requirements for the activities of the budgetary institution and its subordinate institutions. The basic principle of public internal financial control is a clear distinction between internal control and internal audit. Internal audit should determine how internal control is performed, including methods of ex-ante control. The theoretical platform of performance audit is formed by these three categories: economy, efficiency and effectiveness. Expenditures of budgetary institutions as an